MiFID II Data Reporting Falls Behind as Clocks Spring Forward

European regulators’ efforts to collect more data on stock trading in the region have hit a curious snag — the changing of the clocks.

Under the European Union’s revised Markets in Financial Instruments Directive, which came into force in early 2018, trading venues are required to publish price data at various points throughout the day to help banks determine the best way to deal on behalf of fund managers.